Author: Damini Sahu
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India buys more US thermal coal as expensive petcoke loses favour
Indian industries replacing costly petcoke with US high-CV coal High prices, supply disruptions render petcoke market ‘non-tradable’ The Indian market for high-calorific value US coal is experiencing a significant structural shift, as cement manufacturers and industrial buyers accelerate their pivot away from expensive petroleum coke. Vessel manifests and port stock data reveal a coordinated build-up…